Representative Raskin cited my analysis in his letter investigating Trump’s memecoin dinner
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there is no feeling like finishing book two in a series you're enjoying and then discovering that book three is coming out only days later
Lucas Davenport series, book 18
Phantom Prey
- started
- May 26, 2025 · 3 days
- series
- Lucas Davenport · book 18
- previously
- Invisible Prey
It’s been two weeks since Coinbase disclosed its data breach, and so far we’re up to:
• 8 customer class actions against Coinbase
• 1 shareholder class action against Coinbase
• 1 customer class action against TaskUs, a contractor the plaintiffs allege was responsible for the breach.
- tags
- #coinbase
Crypto industry inflates crypto ownership by as much as 250%
Crypto industry-funded polls have claimed that as much as 28% of American adults currently owned crypto in 2024. Coinbase in particular loves to throw around claims of 20%.
Federal data has just come out putting the figure at... 8%.
Read · May 28, 2025
In the Who Cares Era, the most radical thing you can do is care.
- quoting
- “The Who Cares Era”
Read · May 27, 2025
Given the recent data breach and Coinbase’s user agreement that aims to force customers into arbitration rather than individual or class action lawsuits, it’s interesting to read the outcome of a recent arbitration case against Coinbase.
![9. On December 17, 2024, Arbitrator Kruze issued an Order Granting Dispositive Motion as to all of Mr. Spilker’s claims. Ex. A at 6 (“Respondent’s Motion for Summary Judgment is GRANTED. Claimant’s claims against Coinbase are dismissed.”). 10. The Final Award holds: a. Claimant’s EFTA cause of action is time-barred because the “one-year limitations period begins when the first unauthorized transfer occurs, not upon discovery by the consumer, and not when the consumer notifies the defendant of the unauthorized transfer.” Id. at 3, applying 15 U.S.C. §1693m(g) and Wike v. Vertrue, Inc., 566 F.3d 590,593 (6th Cir. 2009). b. “The undisputed facts show that a third party, not Coinbase, caused Claimant’s damages” and that “Claimant’s damages were the result of an intervening and superseding cause: the actions of a third-party scammer. Coinbase, as a matter of law, cannot be held liable for Claimant’s damages.” Ex. A at 4, citing May v. Google, LLC, No. 24-CV-01314- BLF, 2024 WL 4681604, at *10 (N.D. Cal. Nov. 4, 2024). c. The parties’ contract forecloses Mr. Spilker’s causes of action for breach of contract, negligence and tort claims, and claims under Idaho and Oregon law. Ex. A at 5. d. Pursuant to Melchoir v. New Line Prods., Inc., 106 Cal. App. 4th 779, 793 (2003), “Claimant’s cause of action for unjust enrichment fails because ‘there is no [such thing as a] cause of action in California for unjust enrichment.’” Ex. A at 5. e. Mr. Spilker’s CLRA claim fails “as courts have consistently held that the CLRA does not apply to cryptocurrency exchanges like Coinbase”. Id. at 6, citing various cases.](https://storage.mollywhite.net/micro/0bbcc42846cc232283eb_Screenshot-2025-05-27-at-1.04.40---PM.png)
Lucas Davenport series, book 17
Invisible Prey
- started
- May 23, 2025 · 3 days
- series
- Lucas Davenport · book 17
- previously
- Broken Prey